According to the public record, 8, The Hollies 177, Watford is a modern leasehold apartment with 1,184 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in The Hollies, Hagden Lane, Watford, WD18.
Hagden Lane, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
8, The Hollies 177, Watford has 4 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 The Hollies 177 Watford as £456,653 and the rental value as £2,108 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 The Hollies 177 Watford has increased by £4,703 (1.0%) and its rental value has increased by £134 per month (6.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, The Hollies 177, Watford is in very good condition we estimate a sale value of £479,486 and rental value of £2,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,687 and a rental value of £1,961 per month.
If you were able to purchase this property for the estimated value of £456,653, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,244 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 8, The Hollies 177, Watford was last sold on 16 Dec 2022 for £425,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2022, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Hollies 177, Watford within a radius of 400 metres over the last 2 years.
The most recent example is 80 Catalonia Apartments, Metropolitan Station Approach, Watford, WD18 7BN, a Leasehold flat which sold for £553,000 in Feb 2023.
Read more about house prices in WD18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 400 metres radius of 8, The Hollies 177, Watford over the last 2 years.
Most recently 5, Sydney Road, Watford, WD18 7PY, a Freehold house let by Imagine in Sep 2023.
Hagden Lane, Watford, WD18 has a total of 269 addresses. According to our analysis of all the public data, 8, The Hollies 177, Watford is the 46th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in WD18.
8, The Hollies 177, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, The Hollies 177, Watford is Watford station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, The Hollies 177, Watford, 51.7% of property is privately rented and 33.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, The Hollies 177, Watford, 28.5% of residents are recorded as possessing school level qualifications and 61.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, The Hollies 177, Watford, the average age was 40.1 and the most common age was 47.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, The Hollies 177, Watford, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, The Hollies 177, Watford, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.